ARTICLE
5 October 2018

SEC Grants Exemption To Lending Company From "Ineligible Issuer" Status

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The SEC Division of Corporation Finance granted no-action relief to a peer-to-peer lending company from being considered an "ineligible issuer" ...
United States Corporate/Commercial Law

The SEC Division of Corporation Finance granted no-action relief to a peer-to-peer lending company from being considered an "ineligible issuer" under Securities Act Rule 405, subject to certain conditions.

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